Wall Street flip-flops all over equities

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Good is bad news. Bad news is good news. Bad news is bad news. Good news is good news. News is bad, good news. Good, bad is news!

Today’s brace of equity strategist output comes from the usual sources as they try to keep pace with rapidly dating narratives.

Goldman Sachs is considering that it might be wrong about absolutely everything:

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.